The sharp decline in solar and wind energy is helping renewable energy to progress in developing and developing countries and pushing back coal and gas. This is the result of a study by two NGOs. Accordingly, global fossil energy consumption has crossed its peak in 2018.
Many developing countries will practically avoid coal and gas when expanding their energy supply, the British initiative Carbon Tracker and the Indian company CEEW argue in their analysis. Teachers see an analogy in the development of the telephone over the past few decades: many developing countries have never set up a landline network. On the contrary, cellular networks have developed that operate even in countries affected by decades of war, such as Afghanistan.
For their analysis, the authors primarily used the International Energy Agency and data and forecasts OECD Out. They believe that energy consumption will rise much faster in developing and developing countries than in the industrialized countries of the West and Japan.
By 2040, 88 percent of the growing energy demand will come from so-called “emerging markets” – China in first place, followed by In that event And countries like Vietnam. According to OECD data, the peak energy consumption peak in developed industrial countries was already high in 2007.
According to the study, increasing energy consumption in developing and developing countries – with the exception of China – is already largely covered by renewable energy.
Thus, an 87 percent increase in electricity generation in 2019 was generated with the help of wind and sun. However, overall, wind power plays a significant role in energy production in these countries, which account for 4 percent of electricity generation.
China is playing a key role in energy transformation because the People’s Republic is the world’s largest emitter of greenhouse gases and the demand for energy is still growing rapidly.
The authors of the analysis estimate that by 2040, nearly 40 percent of global energy demand will occur in China. At the moment, more coal-burning electricity is being built in China than green electricity, but the authors predict that this will change by 2025.
In 2019, according to OECD data, the average American citizen consumed less than ten megawatts of electricity per hour, while Europeans and Chinese used less than six megawatts, while those in India and the African continent used only one megawatt hour.